RAIN
−2.7%Two crypto firms file for US trust bank charters for stablecoin services
Payments infrastructure firm Modern Treasury, which has facilitated more than $600 billion in payments, and stablecoin platform Rain have each applied to the Office of the Comptroller of the Currency for a US national trust bank charter.
- Modern Treasury and Rain have each applied for a US national trust bank charter from the OCC
- Both proposed banks would offer stablecoin custody and related fiat services
- Neither proposed bank would accept consumer deposits or offer FDIC-insured accounts
USDC
+0.0%
USDG
−0.0%
FORM
−2.6%
LIT
+1.3%
SPK
−1.8%
COMP
−2.7%
GENIUS
+2.7%
